News on Stock Activity and NULL

Baltic Trading IPO little changed in trading debut

2010-03-10T07:30:17Z

<div id="subtitle">Baltic Trading shares little changed in trading debut after IPO raises $228.2 million</div><div><p>Shares of Baltic Trading are little changed in their market debut Wednesday after the initial public offering raised $228.2 million.</p><p>Baltic Trading Ltd. was recently formed by drybulk shipper Wintrust Financial sells 5.8 million shares, nets $182.9 million</div><div><p>Wintrust Financial Corp., which operates community bank subsidiaries, said Tuesday it sold 5.8 million shares in a public offering that netted about $182.9 million.</p><p>The stock offering was first announced on March 4. Wintrust did not specify how it planned to use the pr...

Flexsteel declares regular quarterly dividend

2010-03-09T14:45:57Z

<div id="subtitle">Flexsteel declares regular quarterly dividend of 5 cents, payable April 1</div><div><p>Flexsteel Industries Inc. said Tuesday its board declared a regular quarterly dividend of 5 cents a share.</p><p>The dividend is payable April 1 to shareholders of record as of March 22. Flexsteel, based in Dubuque, Ingles Markets to repurchase up to 1 million shares</div><div><p>Ingles Markets Inc. on Tuesday said it will repurchase up to 1 million shares of its common stock.</p><p>Ingles CEO Robert P. Ingle said the repurchase highlights the company's confidence in its business and outlook for continued growth. Companies typica...

Life Technologies CEO's 2009 compensation falls

2010-03-09T14:15:46Z

<div id="subtitle">Life Tech CEO's 2009 compensation falls 60 percent with no stock options, restricted stock</div><div><p>Life Technologies Corp. Chairman and CEO Gregory Lucier's compensation fell 60 percent to just over $4.5 million in 2009 on a lack of stock awards, according to an Exelon CEO gets $12M in '09 compensation</div><div><p>The top executive of the nation's largest nuclear power company received total compensation of $12 million in 2009, down 1 percent from 2008, according to an Associated Press calculation of figures disclosed in a regulatory filing on Monday.</p><p>But...

Microsoft declares 13 cent quarterly dividend

2010-03-08T17:15:14Z

<div id="subtitle">Microsoft declares regular quarterly dividend of 13 cents</div><div><p>Microsoft Corp. said Monday its board declared a regular quarterly dividend of 13 cents.</p><p>The software maker said the dividend is payable June 10 to shareholders of record May 20.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=71280354&bid=informcom" /><...

Douglas Emmett declares quarterly dividend

2010-03-08T16:00:26Z

<div id="subtitle">Douglas Emmett declares regular quarterly dividend of 10 cents</div><div><p>Real estate investment trust Douglas Emmett Inc. said Monday its board has approved a regular quarterly dividend of 10 cents.</p><p>The dividend will be paid April 15 to shareholders of record as of March 31.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=71277771&am...

T. Rowe Price CEO's 2009 compensation slips

2010-03-08T14:20:05Z

<div id="subtitle">T. Rowe Price CEO James A.C. Kennedy collects $4.7 million for 2009, down 17 percent</div><div><p>The president and chief executive of T. Rowe Price Group Inc., James A.C. Kennedy, saw his total compensation fall 17 percent to $4.7 million last year, according to an CEO David Mackay's pay falls 22 percent in 2009 to $7.8 million as stock awards dip</div><div><p>Kellogg Co. Chief Executive David Mackay received compensation valued at roughly $7.8 million in fiscal 2009, down 22 percent from his 2008 pay, according to an Bunge Ltd. declares regular quarterly dividend of 21 cents, payable June 2</div><div><p>Agribusiness company Bunge Ltd. said Friday it will pay a quarterly dividend of 21 cents per share.</p><p>The dividend, which matches the payout in the most recent quarters, is payable on June 2 to shareholders of record on May 19.</p><p>Shares rose $2.38, or 3.9 percent, to close at $63.27.&...

Coke CEO Kent gets pay cut in 2009

2010-03-05T15:33:45Z

<div id="subtitle">Coca-Cola CEO Muhtar Kent takes pay cut in 2009, his first full year in charge</div><div><p>The CEO of Coca-Cola Co. took a pay cut in his first full year in charge, getting less compensation than he did in 2008 when he was promoted midway through the year.</p><p>Muhtar Kent has been CEO of the world's biggest drink...

Pfizer CEO got $13.7 million in 2009 compensation

2010-03-05T14:46:43Z

<div id="subtitle">Pfizer CEO Kindler got 2009 compensation worth $13.7 million, down 8%, due to weak economy</div><div><p>The chief executive of drug giant Pfizer Inc., Jeffrey Kindler, received a 2009 compensation package valued by The Associated Press at $13.7 million, down 7.6 percen...

Rough seas may be ahead for shipping IPOs

2010-03-05T12:01:10Z

<div id="subtitle">2 shippers preparing for IPOs may encounter rough seas as investors weigh getting on board</div><div><p>Two bulk shipping companies will be competing for investors' attention next week when they are expected to go public, but analysts are questioning their ability to nab much cash.</p><p>The first company, Baltic Trading Ltd., was formed by drybulk shipper Robert Wilmers, saw his overall compensation nearly triple in 2009, due mainly to stock options that vest over time, according to an Associated Press analysis of a regulatory ...

Sensata IPO: Well positioned company vs. price

2010-03-05T11:00:07Z

<div id="subtitle">Sensata IPO; investors will weigh price of shares versus a very well-positioned company</div><div><p>An initial public offering by Sensata Technologies Holding will give investors a chance to bet on a rebound in the auto industry as well as consumer spending in emerging markets, but they may balk at the price.</p><p>Sensata, once a subsidiary of chi...

Priceline prices $500 million notes offering

2010-03-05T08:30:30Z

<div id="subtitle">Priceline prices $500 million convertible notes offering</div><div><p>Travel Web site Priceline.com Inc. said Thursday it has priced a $500 million offering of convertible senior notes maturing in 2015.</p><p>The notes will pay an interest twice a year at an annual interest rate of 1.25 percent. Under certain situations, the notes may be converted into cash and Priceline.com...

Equity One reports jump in profit during 4Q

2010-03-04T17:00:19Z

<div id="subtitle">Shopping center owner Equity One reports jump in 4th-qtr profit, issues 2010 profit guidance</div><div><p>Shopping center owner Equity One Inc. said Thursday it posted a 71 percent increase in fourth-quarter funds from operations, reporting higher revenue and an income tax benefit.</p><p>The company also released full-year results and provided guidance for the year.</p><p...

Benchmark Electronics to buy back $100M in stock

2010-03-04T11:45:42Z

<div id="subtitle">Benchmark Electronics authorizes second $100 million stock buyback since 2008</div><div><p>Benchmark Electronics, which makes components for medical devices, computers, gauges and control gear, said Thursday that it will repurchase $100 million of its stock.</p><p>The new program is in addition to the current share buyback of $100 million authorized in 2008.&...